S.J.Res. 13
Became lawA joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to the review of applications under the Bank Merger Act.
Full text of the bill
Official source on Congress.gov ↗[119th Congress Public Law 19] [From the U.S. Government Publishing Office] [[Page 139 STAT. 70]] Public Law 119-19 119th Congress Joint Resolution Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to the review of applications under the Bank Merger Act. <<NOTE: June 20, 2025 - [S.J. Res. 13]>> Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to ``Business Combinations Under the Bank Merger Act'' (89 Fed. Reg. 78207 (September 25, 2024)), and such rule shall have no force or effect. Approved June 20, 2025. LEGISLATIVE HISTORY--S.J. Res. 13: --------------------------------------------------------------------------- CONGRESSIONAL RECORD, Vol. 171 (2025): May 6, 7, considered and passed Senate. May 20, considered and passed House. <all>
Plain-language analysis
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In plain terms
This bill is a joint resolution that disapproves a specific rule from the Office of the Comptroller of the Currency regarding how applications for bank mergers are reviewed. The rule in question is titled 'Business Combinations Under the Bank Merger Act.' By passing this resolution, Congress is stating that this rule will not be enforced.
Hidden provisions
Congress disapproves the rule submitted by the Office of the Comptroller of the Currency of the Department of the Treasury relating to 'Business Combinations Under the Bank Merger Act' and such rule shall have no force or effect.
Questionable / off-intent provisions
No off-intent or questionable provisions were flagged.
Junk / unrelated provisions
No filler or unrelated riders were flagged.